Repeals paragraph 9 of subdivision a of section 26-405 of the administrative code of the city of New York, relating to hearings regarding biennial maximum base rent adjustments

This bill removes a specific rule from New York City's administrative code that previously required hearings for biennial maximum base rent adjustments. By repealing this provision, the legislation eliminates the mandatory hearing process for these specific rent adjustments, streamlining the administrative procedure. The change directly affects the city's housing regulations and the officials responsible for managing rent control matters. It takes effect immediately upon passage, altering how rent caps are reviewed without adding new requirements or creating additional barriers.